Is Hawaii Kai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hawaii Kai has remained a Seller's Market.
Housing Prices in Hawaii Kai, HI
How much do homes in Hawaii Kai, HI cost?
Median Sold Price
$1,166,666
$783/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hawaii Kai was $1,166,666 in May 2024, up 5% from last year, and the median price per square foot was $783.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $559K | $548.8K | -1.8% |
2 Bedrooms | $788.5K | $739K | -6.3% |
3 Bedrooms | $1.2M | $1.2M | +3.3% |
4 Bedrooms | $1.6M | $1.5M | -1.9% |
5+ Bedrooms | $1.7M | $2.9M | +65.7% |
Summary: Hawaii Kai housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 65.7%.
Housing Supply in Hawaii Kai, HI
How many homes are available in Hawaii Kai, HI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
100 | 109 | +9.0% |
Summary: The Hawaii Kai real estate market had 109 homes for sale in May 2024, a 9.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 34 | 41 | +20.6% |
4 Bedrooms | 27 | 26 | -3.7% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Hawaii Kai housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Hawaii Kai in May 2024, up by 8.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 12% were sold at asking, and 48% were sold over asking.
Days on Market for Hawaii Kai, HI
We’re sorry, we don't have information for this market at the moment